Show notes:
TMSpotlight:
Bye, Iran’s money.
The blockade will lead to the closure of Iran’s oil wells and a freeze on revenue. Bonds know that the Strait of Hormuz will open eventually. However, Oil and the Dollar dance to the tune of war headlines.
Iran’s mullahs are pawns of the military, and its civil leaders want to maintain an economic future and stay alive. Leadership confusion causes ups and downs in negotiations. Thus, Europe’s growth feels the pain.
Headed for a heartbreak.
Don’t you think Oil feels the pain?
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Song: Headed For A Heartbreak (1989) Winger
The Lykken on Lending program will feature our Weekly Mortgage Updates with Adam DeSanctis and his MBA Mortgage Minute, and then Les Parker’s TMSpotlight, a macroeconomic perspective on the economy with a music parody. That leads to Matt Graham of MBS Live providing you a rate & market update, followed by David Kittle, Chief Executive Officer @ Cypress Mortgage Capital, to discuss mortgage originations. Then we have Alice Alvey of Union Home providing a regulatory & legislative update, then Allen Pollack giving us a Tech Report on the latest technology impacting our industry. Finally, we wrap up the first half of the program with Marc Helm, Senior Executive Partner @ Transformational Mortgage Solutions, talking about Loan Servicing and the “Agencies”.